earnings
confidence high
sentiment negative
materiality 0.75
Murphy USA Q2 net income $132.8M ($6.02 EPS) down from $183.3M; fuel margin compression
Murphy USA Inc.
2023-Q2 EPS reported
$10.82
revenue$10,662,600,000
- Net income $132.8M ($6.02 diluted EPS) vs $183.3M ($7.53) in Q2 2022, down 27.5%.
- Total fuel contribution 29.5 cpg vs 34.9 cpg, down 15.5% due to lower PS&W and RIN margins.
- Merchandise contribution +5.1% to $206.8M; same-store merchandise sales +3.1%.
- Repurchased 334k shares for $95.1M; announced new $1.5B buyback plan after current program ends.
- Quarterly dividend raised 2.7% to $0.38/share ($1.52 annualized).